Shiba Inu Price Eyes Recovery From Demand Zone With Burn Rate Soaring Nearly 400%

The Shiba Inu price has drawn attention as its chart shows tightening consolidation near a key demand zone. The pattern aligns with renewed shifts in supply and investor behavior, where the SHIB price has reacted to surging burn activity and notable exchange outflows. These dynamics have fueled discussions among analysts on whether the token could be preparing for a decisive breakout.

Shiba Inu Price Action Signals Demand Zone Rebound

The current SHIB market price trades at $0.00001187 after rebounding firmly from the demand zone. Price action continues to coil within a symmetrical triangle, where repeated rebounds from support confirm strong buying interest. 

Resistance levels stand near $0.00001440 and $0.00001600, both acting as barriers that must be surpassed to trigger further gains. A successful breakout could propel SHIB price toward $0.00002000, representing a rally of more than 70% from current levels. 

This projection reflects the near-term upside potential rather than a distant forecast. Meanwhile, the SHIB long-term price prediction remains constructive, supported by consistent defenses of key zones. 

Overall, the rebound from demand has reinforced confidence, leaving the token well-positioned for continued strength if momentum builds.

Burn Rate Surge and Heavy Outflows Strengthen SHIB’s Case

The Shiba Inu price narrative has been supported by a nearly 400% spike in burn rate within the last 24 hours. More than 1.15 million SHIB tokens were permanently removed from circulation, tightening supply conditions in the short term. This acceleration in burn activity demonstrates the community’s continued effort to support valuation through scarcity. 

Meanwhile, SHIB price metrics also reflect exchange dynamics, where netflows highlight rising outflows, according to CoinGlass. Outflows jumped from 378,510 in the previous session to 2.29 million, reinforcing reduced immediate selling pressure. Such steady outflows from exchanges typically suggest tokens moving into longer-term storage. 

In the broader context, Shiba Inu price remains a leading asset among top meme coins, where speculative demand often magnifies technical setups. Together, burn pressure and outflows establish strong conditions for potential bullish follow-through, particularly as supply dynamics lean tighter.

Summary

Shiba Inu price has defended its demand zone while consolidating inside a symmetrical triangle. The nearly 400% surge in burn rate and rising outflows underline renewed supply pressure. These shifts, combined with the tightening chart structure, set the stage for a sharp rebound. Ultimately, SHIB price looks positioned to break higher, strengthening its overall recovery outlook.